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GQG’s initial bets in Adani Group soar to $4.3 billion in value
Jain’s $1.9 billion investment in Gautam Adani’s empire has soared 130% to about $4.3 billion in just 10 months, according to Bloomberg calculations. The stock price of Adani Ports and Special Economic Zone Ltd., widely deemed the crown jewel of the group, is the latest to double in Mumbai trading Wednesday since GQG Partners Inc. initially picked up a stake in the firm in March.